Niger: Goat Meat Market 2020

Goat Meat Market Size in Niger

The revenue of the goat meat market in Niger amounted to $X in 2018, shrinking by -X% against the previous year. Overall, goat meat consumption continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Niger goat meat consumption peaked at $X in 2009; however, from 2010 to 2018, consumption stood at a somewhat lower figure.

Goat Meat Production in Niger

In value terms, goat meat production totaled $X in 2018 estimated in export prices. Over the period under review, goat meat production continues to indicate a temperate increase. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, goat meat production reached its maximum level in 2018 and is likely to see steady growth in the near future.

Goat Meat Exports

Exports by Country

Australia was the main exporter of goat meat in the world, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2018. It was distantly followed by Ethiopia (X tons), Kenya (X tons) and China (X tons), together achieving a X% share of total exports. Spain (X tons), France (X tons), Tanzania (X tons), Sudan (X tons), Pakistan (X tons), Greece (X tons) and New Zealand (X tons) took a minor share of total exports.

Exports from Australia increased at an average annual rate of +X% from 2007 to 2018. At the same time, Spain (+X%), Sudan (+X%), Kenya (+X%), Greece (+X%), Ethiopia (+X%), New Zealand (+X%) and Tanzania (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. France experienced a relatively flat trend pattern. By contrast, Pakistan (-X%) and China (-X%) illustrated a downward trend over the same period. Australia (+X p.p.), Ethiopia (+X p.p.), Kenya (+X p.p.), Spain (+X p.p.) and Sudan (+X p.p.) significantly strengthened its position in terms of the global exports, while Pakistan and China saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest goat meat supplier from Niger, comprising X% of global exports. The second position in the ranking was occupied by Ethiopia ($X), with a X% share of global exports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Australia totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Ethiopia (+X% per year) and China (+X% per year).

Export Prices by Country

The goat meat export price in Niger stood at $X per ton in 2018, flattening at the previous year. Overall, the goat meat export price continues to indicate a relatively flat trend pattern. Niger export price peaked at $X per ton in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Goat Meat Imports

Imports by Country

In 2018, the U.S. (X tons) was the major importer of goat meat, achieving X% of total imports. The United Arab Emirates (X tons) took the second position in the ranking, followed by Oman (X tons), Taiwan, Chinese (X tons) and Canada (X tons). All these countries together took near X% share of total imports. The following importers - Portugal (X tons), South Korea (X tons), Saudi Arabia (X tons), China, Hong Kong SAR (X tons), Vietnam (X tons), Trinidad and Tobago (X tons) and Italy (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to goat meat imports into the U.S. stood at +X%. At the same time, South Korea (+X%), Vietnam (+X%), Portugal (+X%), Canada (+X%), the United Arab Emirates (+X%), Oman (+X%) and Trinidad and Tobago (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. China, Hong Kong SAR, Taiwan, Chinese and Saudi Arabia experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S., the United Arab Emirates, South Korea, Canada, Portugal, Oman and Vietnam increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported goat meat into Niger, comprising X% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. stood at +X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+X% per year) and China, Hong Kong SAR (+X% per year).

Import Prices by Country

The goat meat import price in Niger stood at $X per ton in 2018, remaining relatively unchanged against the previous year. Over the period under review, the goat meat import price continues to indicate a relatively flat trend pattern. Over the period under review, the import prices for goat meat reached their maximum in 2018 and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform